Commonwealth Financing Authority (CFA)
Business in our Sites Funding (BiOS) is available for municipalities, municipal authorities, redevelopment authorities, industrial development agencies, and private developers. The program is intended to provide financial assistance to municipalities and others to plan and prepare sites for future use.
The purpose of this grant is to assist funding in all site development activities that are required to make a site shovel-ready. This program is for speculative projects only. Funds cannot be used for projects that are primarily residential or recreational. Sites must be previously utilized property or undeveloped property that is planned and zoned for development.
Private developers are only eligible for loans.
No maximum or minimum loan amount. However, the grant amount may not exceed $4 million or 40% of the total combined grant and loan award, whichever is less.
Interested communities should review the Program Guidelines, found here.
Site Development and Business, Infrastructure, Land and Building